{"id":809744,"date":"2026-07-18T08:55:24","date_gmt":"2026-07-18T08:55:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/809744\/"},"modified":"2026-07-18T08:55:24","modified_gmt":"2026-07-18T08:55:24","slug":"us-oil-drilling-picks-up-as-brent-gains-4","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/809744\/","title":{"rendered":"US Oil Drilling Picks Up As Brent Gains 4%"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBy <a href=\"https:\/\/oilprice.com\/contributors\/Julianne-Geiger\/\" rel=\"nofollow noopener\" target=\"_blank\">Julianne Geiger<\/a> &#8211; Jul 17, 2026, 12:27 PM CDT<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/d32r1sh890xpii.cloudfront.net\/article\/718x300\/2026-07-17_cjimjku5te.jpg\" class=\"singleArticle__articleImage\" alt=\"Marcellus rig\" title=\"Marcellus rig\"\/><\/p>\n<p class=\"speakable\">The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 588, up 44 from this same time last year.<\/p>\n<p>The number of active oil rigs rose by 7, reaching 452 during the latest reporting period, according to the data. This is 30 above this same time last year. The number of gas rigs stayed the same, at 126, which is 9 more than this time last year. Miscellaneous rigs stayed at 10.<\/p>\n<p>The latest EIA data showed that weekly U.S. crude oil production rose during the week ending July 10. US crude oil production averaged <a href=\"https:\/\/www.eia.gov\/dnav\/pet\/hist\/LeafHandler.ashx?f=W&amp;n=PET&amp;s=WCRFPUS2\" rel=\"nofollow noopener\" target=\"_blank\">13.861 million bpd<\/a> during the reporting period, up slightly from 13.860 million bpd last week and up 486,000 bpd from a year ago.<\/p>\n<p>Primary Vision\u2019s Frac Spread Count, an estimate of the number of crews completing wells, fell by 5 in the week ending July 10, to 200 crews, after gaining 5 in the week prior.<\/p>\n<p>The number of active drilling rigs in the Permian Basin climbed by 3, reaching 259. This is 4 rigs under year-ago levels. The count in the Eagle Ford stayed the same at 47, which is 6 more than this same time last year. \u00a0<\/p>\n<p>Oil prices were up on Friday with Brent now trading at <a href=\"http:\/\/oilprice.com\/oil-price-charts\/#Brent-Crude\" rel=\"nofollow noopener\" target=\"_blank\">$87.65<\/a> (+4.06%) per barrel, which is up roughly $12 per barrel from this time last week. WTI was also trading up on the day at $82.23 (+4.15%). \u00a0<\/p>\n<p>By Julianne Geiger for Oilprice.com<\/p>\n<p>More Top Reads From Oilprice.com<a href=\"https:\/\/oilprice.com\/Latest-Energy-News\/World-News\/The-Iran-War-Has-Upended-Global-LNG-Markets.html\" data-embargo=\"1774512000\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p><\/p>\n<p>\t\t\t\t\t\t\t\t\tDownload The Free Oilprice App Today<br \/>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/itunes.apple.com\/in\/app\/oilprice\/id1389772617?mt=8\" target=\"_blank\" rel=\"nofollow noopener\"><img loading=\"lazy\" decoding=\"async\" alt=\"Download Oilprice.com on Apple\" style=\"height: 50px;\" width=\"169\" height=\"50\" src=\"https:\/\/d1o9e4un86hhpc.cloudfront.net\/a\/img\/cl\/app\/appstoredownload.svg\" class=\"lozad\"\/><\/a><br \/>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=oilprice.android.app\" target=\"_blank\" rel=\"nofollow noopener\"><img loading=\"lazy\" decoding=\"async\" alt=\"Download Oilprice.com on Android\" style=\"height: 50px;\" width=\"169\" height=\"50\" class=\"lozad\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/10\/androidbutton.png\"\/><\/a><\/p>\n<p><a href=\"https:\/\/oilprice.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Back to homepage<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"By Julianne Geiger &#8211; Jul 17, 2026, 12:27 PM CDT The total number of active drilling rigs for&hellip;\n","protected":false},"author":2,"featured_media":809745,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,16728,16806,3241,163958,163959,182],"class_list":["post-809744","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-drilling","tag-gas","tag-oil","tag-rig-count","tag-upstream","tag-us"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/809744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=809744"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/809744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/809745"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=809744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=809744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=809744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}